Bare Act
The Goa, Daman and Diu Contingency Fund Act, 1964
Finance196411 sections
This Act establishes a Contingency Fund for the Union Territory of Goa, Daman, and Diu to handle unexpected expenses. It sets aside a specific amount of money from the main government fund that can be used immediately for urgent needs before formal approval is granted by the Legislative Assembly. The Finance Secretary manages the fund and ensures that all withdrawals are properly recorded. Once the Assembly authorizes the spending, the money is returned to the main Consolidated Fund. This system ensures the government can respond quickly to emergencies while maintaining strict financial control and accountability.
- 1. Short title, extent and commencement
- 2. Establishment of a Contingency Fund
- 3. Custody of the Contingency Fund and withdrawals therefrom
- 4. Power to make rules
- 5. Application for advance from the Contingency Fund
- 6. Order sanctioning the advance from the Contingency Fund
- 7. Orders authorizing expenditure
- 8. Bills and Vouchers
- 9. Authorization of the expenditure by the Legislative Assembly
- 10. Restoration of advances into the Contingency Fund
- 11. Account of the transactions of the Contingency Fund
PDF: pending for this language.